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Federal forms, ICRs, and supporting documents

Information Collection Request

Study Assessing Effectiveness of Regulations under IRC Section 6662(e) on Transfer Pricing Compliance under IRC Section 482

ICR 200012-1545-024 · OMB 1545-1720 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
19220 Study Assessing Effectiveness of Regulations under IRC Section 6662(e) on Transfer Pricing Compliance under IRC Section 482 Migrated
ICR Details
1545-1720 200012-1545-024
Historical Active
TREAS/IRS
Study Assessing Effectiveness of Regulations under IRC Section 6662(e) on Transfer Pricing Compliance under IRC Section 482
New collection (Request for a new OMB Control Number)   No
Emergency 12/21/2000
Approved without change 12/30/2000
Retrieve Notice of Action (NOA) 12/21/2000
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
06/30/2001 06/30/2001
2,400 0 0
1,660 0 0
0 0 0
Appropriations Bill for FY 2000 calls for IRS to undertake a two year study of whether taxpayers are appropriately documenting transactions under IRC 6662(e). Phase I of the study (Phase I) is to be completed by February 2001. Study will provide information regarding effectiveness of existing regulations and may ultimately reduce costs to taxpayers in preparation of supporting pricing documentation. Study will impact how scarce IRS resources are utilized and the level of examination activity on transfer pricing examinations. National focus will ensure consistent treatment nationwide and across industry lines....
None
None
No
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,400 0 0 2,400 0 0
Annual Time Burden (Hours) 1,660 0 0 1,660 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
12/21/2000